Market Intelligence · MN / Minneapolis

Minneapolis, MN 55401 Housing Market

The typical home value in Minneapolis 55401 is $312,374, down 2.7% over the past year. Homes are listing at a median price of $361,175, and the median time on the market is 44 days.

Updated June 2026Median value$312K

The median home value in Minneapolis, MN 55401 is $312K as of June 2026, down 2.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 55401 range

$287K to $337K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.7% over 12 months

Typical home value in 55401 over the last 12 months: $321K in Jun 2025 to $312K in Jun 2026 (-2.7%).

Jun 2025$321K

Jun 2026$312K

The numbers

What is the 55401 housing market like?

Typical home value

$312K

Down2.7%YoY

Median list price

$361K

Days on market

44

Down15.4%MoM

Homes for sale

114

Price cuts

18.1%

New listings

44

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 55401 home prices compare?

  • 55401$312,374
  • Minneapolis$350,913
  • Minnesota$305,984
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Minneapolis: 48 ZIPs; Minnesota: 719 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 114 homes for sale in the 55401 ZIP code, with 44 new listings added recently. The median list price sits at $361,175, while the typical home value is $312,374, down 2.7% over the past year. Homes take a median of 44 days to sell, and 18.1% of listings have had a price cut. For sellers, this points to a slower market where realistic pricing and patience matter.

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